TwoCitiesCapital Posted March 4, 2016 Posted March 4, 2016 Sold about 10% of my ATUSF position today (after tactically adding 20-25% at prices below $6). I'm also planning to reduce my oversized (relative) position but waiting for a little higher prices (~15%) I tactically increased my position by 20-25% when prices absolutely cratered, but already had a full position. I promised myself I'd reduce the load if we got the relief rally I was expecting after such brutal selling. The price I sold at was just shy of a 35% gain from lowest prices. I'll sell the rest at a 30-35% gain from those prices if we get there, but I was cautious about keeping the exposure too long. The position was already my largest before the adds and became significantly so after them. I'm happy to take my gains and roll into positions that haven't experienced a similar rally. Bought PDER @ 149.50 Covered some SPY shorts and rolled them into IWM instead.
PatientCheetah Posted March 4, 2016 Posted March 4, 2016 Trimmed many positions, looking to reload in a few days or weeks
wachtwoord Posted March 4, 2016 Posted March 4, 2016 Sold about 10% of my ATUSF position today (after tactically adding 20-25% at prices below $6). I'm also planning to reduce my oversized (relative) position but waiting for a little higher prices (~15%) I tactically increased my position by 20-25% when prices absolutely cratered, but already had a full position. I promised myself I'd reduce the load if we got the relief rally I was expecting after such brutal selling. The price I sold at was just shy of a 35% gain from lowest prices. I'll sell the rest at a 30-35% gain from those prices if we get there, but I was cautious about keeping the exposure too long. The position was already my largest before the adds and became significantly so after them. I'm happy to take my gains and roll into positions that haven't experienced a similar rally. Bought PDER @ 149.50 Covered some SPY shorts and rolled them into IWM instead. I'm in exactly the same situation (ATUSF is almost a third of my portfolio) but planning to trim it a a slightly higher prices.
Palantir Posted March 4, 2016 Posted March 4, 2016 Sold GNCMA, should have sold earlier, don't want to hold this stock while EBITDA is flat/slightly lower. Timing fail.
TwoCitiesCapital Posted March 16, 2016 Posted March 16, 2016 Sold about 10% of my ATUSF position today (after tactically adding 20-25% at prices below $6). Sold another 10% today at $8.45.
kab60 Posted March 16, 2016 Posted March 16, 2016 Blucora@5,25, more DirectCash the other day at 11,1
Guest Grey512 Posted March 17, 2016 Posted March 17, 2016 Bought puts on Sprint. Sold stock of Sprint. Sold stock of Avon. Bought stock of ESI. Bought Uranium ETF.
orion Posted March 17, 2016 Posted March 17, 2016 More MCR (Macro Enterprises) ... No idea what Mr Market is thinking. Just way too cheap.
wachtwoord Posted March 17, 2016 Posted March 17, 2016 Sold about 10% of my ATUSF position today (after tactically adding 20-25% at prices below $6). Sold another 10% today at $8.45. I sold my first 10% @ 8.95 today as well.
TwoCitiesCapital Posted March 17, 2016 Posted March 17, 2016 Sold about 10% of my ATUSF position today (after tactically adding 20-25% at prices below $6). Sold another 10% today at $8.45. I sold my first 10% @ 8.95 today as well. Nice! You were more patient than I. I sold each of the group or purchases at a 33-35% gain - was afraid if I got too greedy it'd just turn right back around and we'd be back at $6-$7. Have been funneling the proceeds back into PDER which hasn't seemed to participate anywhere near as much in the rally...
wachtwoord Posted March 17, 2016 Posted March 17, 2016 Sold about 10% of my ATUSF position today (after tactically adding 20-25% at prices below $6). Sold another 10% today at $8.45. I sold my first 10% @ 8.95 today as well. Nice! You were more patient than I. I sold each of the group or purchases at a 33-35% gain - was afraid if I got too greedy it'd just turn right back around and we'd be back at $6-$7. Have been funneling the proceeds back into PDER which hasn't seemed to participate anywhere near as much in the rally... I'm planning to sell another 40% of my initial position in ATUSF in branches as it moves up to $12 (it's still 30% of my portfolio, so way too large). I have a ~8% position in PDER as well @ $150 and have a additional buy order below that which has not been hit yet (not sure whether it will hit). I really don't mind holding PDER for the long run as they seem excellent stewards of capital. I moved some of the additional proceeds into RSKIA and CKI.TO in the last days.
TwoCitiesCapital Posted March 21, 2016 Posted March 21, 2016 Bought more PDER at $164.90 Sold 10% of my position in SBRCY at $7.03 Rolled it into SAN at $4.74
DavidVY Posted March 24, 2016 Posted March 24, 2016 @Grey- Whats your thoughts on Amaya. It popped up on my radar too but the debt-load is pretty large. Online poker is also in secular decline.... Bought - Disney - Westlake Chemical - Softbank I am seeing a lot of value in media and commodity business. Discovery, Time Warner Inc and FOX-A looks interesting.
wachtwoord Posted April 6, 2016 Posted April 6, 2016 I bought PDRX, SODI and PRD.V I sold some more ALS.TO (@ $9.10) and SE to pay for it.
TorontoRaptorsFan Posted April 27, 2016 Posted April 27, 2016 Chipotle (CMG) Two more Pizzeria Locale locations opening up in Kansas New Chipotles being opened up every 3 days Hopefully the loyalty program they introduce remains in place (ideally like Starbucks).
AzCactus Posted April 27, 2016 Posted April 27, 2016 CMG is interesting. A lot of growth though already seems priced in even after the recent drop.
TwoCitiesCapital Posted May 1, 2016 Posted May 1, 2016 Sold a few energy/commodity names after the recent rally. Probably reduced exposure by 20% or so to lock in profits. Purchased more SPY puts for 1/2017 maturity
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